The Real Estate Financial Planner Blueprint™
Nomad with Lease-Option Exit Starting with $3K

Rules

If you remember, Rules modify Accounts and Properties in the Scenario. For this Scenario we have the following 5 Rules.

Let's look at each of the Rules below.

Sell Rental Properties After Owning Them For Specific Period of Time

This Rule runs for the entire Scenario.

Buy Property When Account Has Down Payment

This Rule runs for the entire Scenario.

With the Buy Property When Account Has Down Payment, we buy a version of the Nothing Down Property when the Savings Account Account has enough to cover the total cost to close (which includes any down payment and closing costs) required to make the purchase of the Property.

We do limit the number of this Dynamic Property that we can buy using this Rule to 1 total.

Paycheck and Personal Expenses

This Rule runs for the entire Scenario.

With the Paycheck and Personal Expenses, we collect a paycheck and pay our personal living expenses out of the Savings Account Account each month. We start out collecting $5,000 Inflation Adjusted from our paycheck and paying out $1,687.66 Inflation Adjusted in personal expenses each month. Both our paycheck and personal expenses increase with inflation over time. We do pay taxes on the amount we collect from our paycheck at a rate of 23.11%.

Buy Property When Account Has Down Payment

This Rule runs for the entire Scenario.

With the Buy Property When Account Has Down Payment, we buy a version of the 5% Down From Tenant-Buyer Property when the Savings Account Account has enough to cover the total cost to close (which includes any down payment and closing costs) required to make the purchase of the Property.

We do limit the number of this Dynamic Property that we can buy using this Rule to 10 total.

Buy Property When Account Has Down Payment

This Rule runs for the entire Scenario.

With the Buy Property When Account Has Down Payment, we buy a version of the 20% Down Property when the Savings Account Account has at least $10,000 Inflation Adjusted plus the total cost to close required to make the purchase of the Property.

We do limit the number of this Dynamic Property that we can buy using this Rule to 10 total.

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